GLASGOW, Nov 4 (Reuters) – Indonesia, Poland, Vietnam and other nations pledged on Thursday to phase out use of coal-fired power and stop building plants, but their deal at the COP26 climate summit failed to win support from China, India and other top coal consumers.
More than 40 countries have agreed to phase out their use of coal-fired power, the dirtiest fuel source, in a boost to UK hopes of a deal to “keep 1.5C alive”, from the Cop26 climate summit.
Major coal-using countries, including Canada, Poland, South Korea, Ukraine, Indonesia and Vietnam, will phase out their use of coal for electricity generation, with the bigger economies doing so in the 2030s, and smaller economies doing so in the 2040s.
More than 40 countries have agreed at COP26 to phase out their use of coal power by 2040 at the latest.
More than 40 countries have agreed to phase out coal-fired power at the COP26 climate summit. The agreement includes 18 countries promising to phase out or stop investments in new coal-fired plants domestically and internationally for the first time.
The list includes major coal using countries, including Canada, Poland, Ukraine, and Vietnam. Signatories to the agreement have committed to phasing out coal power in the 2030s for major economies and the 2040s for poorer nations. Dozens of private organisations have also signed up to the pledge, with HSBC and Export Development Canada among several major banks agreeing to divest from the coal industry.
Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal
29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense.
The ramifications of China’s coal exit for coal-centric developing economies could be immense
Before President Xi’s announcement, Vietnam’s latest draft Power Development Master Plan 8 (PDP8) was released, and in a surprising shift, proposed to raise the installed capacity target for coal-fired power by 3 gigawatts (GW) to 40GW by 2030, with an additional (and final) 10GW to be deployed by 2035.
On September 21, 2021, Chinese president Xi Jinping announced at the United Nations General Assembly debate that China would not build any new coal-fired power plants abroad and would step up its support for developing green and low-carbon energy in developing countries. He also reiterated the country’s goal to become carbon neutral by 2060 and peak carbon emissions by 2030, targets which he had first announced last year. This new announcement sets the tone for the upcoming UN climate change conference, COP26, which will be held in Glasgow in early November.
Q1: Why does this new climate commitment matter?
A1: Xi Jinping’s speech at last year’s UN General Assembly was noteworthy because it set a timeline for China’s decarbonization. However, in addition to not specifying a peak level of emissions, it also left unanswered the question of whether the country would shoulder the responsibility for climate action outside its borders. China’s role as the largest public financier of coal projects globally has come into particular focus this past year as other governments, such as the G7 members, have pledged to slash their public financing of such projects. There were multiple calls from the international community, including U.S. special envoy for climate John Kerry, for China to end its support for coal projects globally.
Since 2013, public finance from China, Japan and South Korea accounted for more than 95% of total foreign financing toward coal-fired power plants. This financing enabled the construction and operation of coal power plants in developing countries, where investment in power supply does not match demand. These investments also came at a time when the global carbon budget was already overstretched.
Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter of its total installed capacity being solar – a 100-fold increase in two years.
This rapid growth is mainly down to the Vietnamese government’s feed-in tariff which provides a guaranteed above-market price for renewable energy producers; other incentives signed off in 2017 in an attempt to pivot away from lagging fossil fuel projects; and cheaper solar panels, some of which are assembled domestically.
Around 99% of the installed solar panels in Vietnam come from China. At the same time, China is one of the few countries that still lends Vietnam money to build coal plants.
China’s future role in Vietnam’s power system will be shaped by the latter’s newest plan for its power sector. The final version of the Power Development Plan 8 is due to be published in June, though it has been postponed before and may be again.
China, India, Indonesia, Japan and Vietnam plan to build more than 600 new coal-fired power projects, with a combined capacity of more than 300 gigawatts. Most would prove uneconomical and the new plants would put international climate goals out of reach.
By Reuters June 30, 2021 | 08:37 am GMT+7 VNExpressA coal power plant in Vietnam’s northern province of Thai Binh in 2019. photo by VnExpress/Gia Chinh.
Five Asian countries including Vietnam are responsible for 80 percent of new coal power plants planned around the world, the Carbon Tracker group said on Wednesday.
China, India, Indonesia, Japan and Vietnam plan to build more than 600 new coal-fired power projects, with a combined capacity of more than 300 gigawatts, the group said, adding most would prove uneconomical and the new plants would put international climate goals out of reach.
By Anh Minh June 18, 2021 | 11:02 am GMT+7 VNExpressWorkers fix electric cables in District 1, Ho Chi Minh City. Photo by VnExpress/Thanh Nguyen.Vietnam Electricity, the country’ sole power distributor, has signed up three contractors for building a 1,200-MW thermal power plant at a construction cost of $1.3 billion.
The EPC contractors, No. 1 Construction Corporation, Mitsubishi Corporation of Japan and Hyundai Engineering and Construction of South Korea, will complete installation of the first turbine of the Quang Trach 1 thermal electric plant in the central province of Quang Binh within 42 months and the second in 48 months.
Vietnam has increasingly imported coal and crude oil during the social distancing period for thermal power plants.
Statistics from the General Department of Vietnam Customs show that in July, Vietnam imported nearly 4.4 million tonnes of coal at the cost of VND1.4m (USD60) a tonne. In the first seven months, Vietnam imported a total of 36 million tonnes for USD2.5bn.
Trong bối cảnh thoái vốn nhiệt điện than đang diễn ra mạnh mẽ trên toàn cầu, Việt Nam được cảnh báo đối mặt với nguy cơ bị mắc kẹt vào tổn thất kép cả về tài chính và môi trường, nếu định hướng năng lượng vẫn chủ yếu dựa vào nhiệt điện than.
“SÓNG” THOÁI VỐN NHIỆT ĐIỆN THAN. Một cảnh báo mới về các thị trường vốn toàn cầu được cựu thống đốc ngân hàng Anh Mark Carney đưa ra mới đây, dự báo về “cơn sóng thần” tổn thất tài sản do bị mắc kẹt bởi nhiên liệu hóa thạch. Khả năng lên tới 20.000 tỉ USD nếu thế giới không tuân thủ Thỏa thuận Khí hậu Paris.
Drax từng là nhà máy nhiệt điện than lớn nhất châu Âu, đang chuyển đổi sang cung cấp năng lượng sinh khối vào năm 2021. Ảnh: Christopher Furlong/Getty Images
HO, CHI MINH CITY/SINGAPORE – Vietnam is scaling back a plan to build new coal plants, as financial restrictions and local environmental concerns increase the difficulty and complexity of constructing such facilities.
Trung tâm Phát triển Sáng tạo Xanh (tổ chức khoa học – công nghệ trực thuộc Liên hiệp các Hội Khoa học và Kỹ thuật Việt Nam) vừa có nghiên cứu “Phân tích chi phí, lợi ích của kịch bản năng lượng dưới góc nhìn của khu vực đồng bằng sông Cửu Long”.
Chuyên gia sinh thái Nguyễn Hữu Thiện.
Nghiên cứu đã đưa ra nhiều thông tin về ảnh hưởng môi trường của nhiệt điện than. Trong đó, chuyên gia sinh thái Nguyễn Hữu Thiện nghiên cứu sâu về nguy cơ đối với thủy sản ĐBSCL và ông có cuộc trao đổi với NNVN.
Thủy sản di cư
Vùng thủy sản quốc gia ở ĐBSCL có đặc điểm gì nổi trội cần chú ý, thưa ông?
Vùng thủy sản ĐBSCL quan trọng nhất là lưu vực các cửa sông đổ ra biển, gồm lưu vực sông và cả diện tích biển gần bờ vì đó là nơi sinh sống của nhiều loài thủy sản.
Bởi vì các loài thủy sản luôn di chuyển và sự di chuyển của thủy sản giữa sông với biển được xếp thành ba loại: Anadromous là các loài thủy sản sống phần lớn thời gian ở biển nhưng phải đi vào nước ngọt để sinh sản; Catadromous là các loài ngược lại, sống ở nước ngọt nhưng ra biển sinh sản; Potamodromous sống hoàn toàn trong nước ngọt nhưng phải di cư, thường là đường dài, trong hệ thống sông để sinh sản, tìm mồi, sinh sống. Tiếp tục đọc “Nhiệt điện than và nguy cơ với thủy sản”→
TOKYO — Demand for low-grade coal with lower combustion efficiency is growing amid economic growth in Vietnam and other emerging Asian countries, placing another hurdle in the global race to reduce greenhouse gas emissions.
While prices of high-grade coal with higher power generation efficiency have fallen by more than 30% over the past year as developed countries have been reducing coal consumption, prices of low-grade coal have fallen more slowly. The price difference between the two categories of coal has shrunk to one-third the level of a year ago. Tiếp tục đọc “Vietnam and Asia neighbors hungry for cheap coal”→